Mortgages

Prospective borrowers are looking at cross-country moves more often than a different domicile within their city's borders, the real estate platform found.

The transaction comes along with a low-coupon, low leverage $13 billion conforming portfolio, providing capital for further growth.

But there are regional variations in housing markets across the country, the Federal Housing Finance Agency said.

Limited regulation and elevated volatility limit current activity, but new offerings are still finding their way to market.

Call center staff must learn to play a new role as forbearance ends, according to Adam Saab, vice president and head of early stage default at Cenlar.

People in the industry use the terms interchangeably, but Washington State is warning brokers that they are not the same and other regulators could follow.

The decrease between February and April came in far smaller than typical seasonal trends, Redfin said.

However, much of the damage could already be priced into the stocks after this latest selloff, analysts said.

Citing "changing market dynamics," the company announced it will exit mortgage lending this summer.

Housing market players navigated big changes, and controversy, as the spring market moved forward.

An analysis shows how much money consumers are losing by not comparing offers from different lenders.

Investors are concerned that a deal will not be reached in Washington and a default will take place, driving up the benchmark 10-year Treasury yield.

U.S. pending home sales stagnated in April as high mortgage rates paired with limited inventory continued to curb buyer demand.

Home purchasers had to come up with 0.9% more in April versus what they would have paid in March and 11.8% higher on a year-over-year basis, the Mortgage Bankers Association said.

Manufactured units, down payment assistance and bond investments could help alleviate some of the issues facing aspiring homeowners, but inventory issues will persist, a panel of experts said.

The unit was looking to remain as a team, but reportedly the buyer was only interested in the sales staff.

This summer, the Department of Veterans Affairs will introduce a new kind of a "last-ditch effort" to keep veterans in homes, by making servicers whole and putting the delinquent borrowers on an exclusive interest rate.

The transaction helps cement WFG's place in the Bay Area market, something it has targeted since its 2010 founding, Chairman Patrick Stone said.

The 13% jump from March stemmed primarily from borrowers late by 30 days, possibly due to a Sunday month-end close that complicated the receipt of payments.

The 30-year conforming average reached its highest point since March last week, while loan application volumes finished 35% below their levels from a year ago, a trade group said.